Bovine Scatology is not the newest alternative fuel source the Obama Regime wants to waste our tax dollars on. If you are not familiar with the term, just think BS and you are accurate.
What is the latest load of bovine scatology the Obama Regime is selling us?
It is the claim the Regime wants to see lower gas prices. In fact just the opposite is true.
Testifying before Congress yesterday, Energy Secretary Steven Chu said lowering gas prices was not a priority for the Regime.
Chu was asked directly by Mississippi Congressman Alan Nunnelle if the goal of the Regime was to lower gas prices. Chu said the over all goal of the Regime was to lower dependence on oil!
One of the easiest ways to reduce the consumption of a particular time is to raise the price of it. It is simple economics. If you raise the price, you lower the demand.
There you have it. The Obama Regime has no interest in helping real Americans who are paying more and more for gas. Who is hurt the most by high gas prices? It is the middle class and the poor.
Why would Obama want high gas prices?
It is his love for leftist ideology. Between the radical environmentalists who want us to go back to the pre-industrial age and the radical leftists who want to see America brought down to her knees, Obama’s energy strategy is a socialist’s dream come true.
Before he became Energy Secretary, Steven Chu in 2008 said that we needed to figure out a way to raise American gas prices to the levels they have in Europe. Just in case you are wondering what the Regime has in store for real Americans, the price of gas in Europe is roughly ten dollars a gallon.
I have mentioned in the past one of the fastest ways we could see an economic recovery is to crash the oil markets and get gas down to a dollar a gallon.
Is this possible? Sure it is.
Does anyone remember the summer of 2008? Gas went up to well over $4 a gallon. George Bush revoked the executive order banning off shore drilling and within six months the price of gas had cratered. The day Barack Obama took office, I put gas in my car and it was $1.61 a gallon. One of Obama’s first acts was to rescind Bush’s order. Gas prices have risen steadily since then. Even in 2008, while Obama was campaigning, he said he did not have a problem with $4 a gallon gas. His only problem was that the price had risen so fast.
If we could get gas down to $1 a gallon, it would free up a lot of money to be spent in the economy. It would be an instant stimulus that would get America back to work.
It would also be a nightmare for the America hating socialists in the Obama regime.
This is why we must elect conservatives this year and why we must put a conservative in the White House.
Can you imagine what the price of gas will be four years from now if we have to endure another four years of Obama?
I think you need to stop watching Fox News.
This response is best left in your own words.
I don't give a flying f*&3k about what you think, so get lost, you jackass!
Can someone please explain on how it is Obama's fault that gas prices are high? (or anyone's else's fault besides the free market)
Thank you in advance.
He has redused the number of permits for drilling on public lands as well as on the East and West coasts. Additionally he killed the Key Stone Pipeline. Have you been out of touch? Perhaps ill or out of the country?
The Key Stone Pineline even if it did go through would have no bearing on current gas prices. Gas prices are dictated by the open market. Why is the goverment even involved in gas prices? Let the market dictate the price.
BTW the more the price goes up the more I make on my investments.
I think it would have an immediate affect.
You think? That is pure speculation.
I agree about the open market. Supply and demand is the Key. The pipeline would mean more supply and now because of the cost of gas at the pump, less oil is being consumed. This will lead to a large inventory. Add to that the idea of a comming pipeline and you end up with speculation that the value of oil will drop. Thus a reduction at the pump immediately.
Correct isn't that what Speculators do Mike? Is pure speculation they are assuming prices will rise and they are right at this point however if we were to throw a gog in that speculation wheel and open up everything at our disposal to drill and refine at the same time prices would immediately drop whereby sparing us any more of this unnecessary pain at the pumps! But No! I guess we are all Homer Simpsons here and we can't think on our own yea right!
Roland-- The International Commodities Exchange is in London. (They escaped there from NY a time back.)
We don't have any control over them
The English won't control them because they collect fees, big fees. And they could always go someplace else.
Hog tied, we are. Who was that little fellow who talked like that?
Besides the impact of speculators and the global market, the Obamination has stopped 40% of American drilling -- this in itself is a travesty. And, you might be aware of the "Keystone Pipeline" status... Despite an outcry from the public and congress (Repubs & some Dems too), Obama will not allow the construction through the various states down to Texas -- the Marxist pig would rather see Canada redirect the route to serve the needs of China -- there's scads of info on line if you have not heard what is now old news. Soaring gas prices are all part of his plan to destroy America as we know it, create havoc ala Alinsky and to promote the left-wing GREEN DREAM. Remember -- when Obama took office, gas prices were approx $1.90 per gallon. Return to this pricing structure is not the pipe dream the grand illusionist Obama would like the less informed to believe...
The Key Stone Pipeline even if it were approved, the oil from there is destined to be shipped out of the country. It would not even be used here. So it makes no difference weather it was approved or not.
Also if the Key Stone Pipeline was approved for here. The production of oil would be about 3 years out. So it would have no impact on current prices..